... as a vehicle for transmitting and disseminating knowledge across nations (Rivera-Batiz and Romer, 1991 ; Keller, 2002 ; Devereux and Lapham, 1994). Imported inputs Firms' capabilities Trade facilitation Productivity South Asian economies F14 J24 L25 In mainstream economics, exogenous...

... and data in section 3 , present and discuss empirical results in section 4 , finally conclude in section 5 . D22 D57 L25 J24 F40 F61 Global value chains (GVCs) have been extensively attracting attention from researchers for a while. This growing interest is arising from the simple...

... Foreign direct investment FDI spillovers Contractual linkages Demonstration effect High-growth firms Absorptive capacity E24 F23 J24 HGFs are powerful engines of job creation. In our sample, domestic HGFs make up less than 10% of companies in manufacturing and services, yet...